Saks Fifth Avenue Archives - CFO

Hackers Hit Hudson’s Bay in Latest Retail Breach

Hackers Hit Hudson’s Bay in Latest Retail Breach

A security firm says more than five million payment cards issued to customers of Saks Fifth Avenue and Lord & Taylor were stolen.

By Matthew Heller | April 2, 2018

Hudson’s Bay Shares Plunge as Q3 Loss Widens

Financial Performance

Hudson’s Bay Shares Plunge as Q3 Loss Widens

“We know we can do better," CFO Ed Record says as the retailer posts a net loss of $192 million and same-store sales decline 3.2%.

By Matthew Heller | December 6, 2017

Gilt Sells for Bargain-Basement Price

Gilt Sells for Bargain-Basement Price

The "flash" sales site was an early hit online, but the economics of the daily deals business caught up with it.

By Vincent Ryan | January 7, 2016